Common use of DISPOSITION OF EQUIPMENT Clause in Contracts

DISPOSITION OF EQUIPMENT. Prior approval must be obtained, in writing, from the Agency, for the disposal of unneeded equipment which was purchased with program funds and whose estimated fair market value, at the time of disposal, is $5,000 or more. Proceeds resulting from the sale of equipment must be credited to the program that made the purchase.

Appears in 7 contracts

Samples: Weatherization Assistance Program Contract, Heap Weatherization Assistance Program Contract, Weatherization Assistance Program Contract

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DISPOSITION OF EQUIPMENT. Prior approval must be obtained, in writing, from the Agency, for the disposal of unneeded equipment which was purchased with program funds and whose estimated fair market value, at the time of disposal, is $5,000 or more. Proceeds resulting from the sale of equipment must be credited to the program that made the purchase.of

Appears in 2 contracts

Samples: Low Income Home Energy Assistance Program Contract, Low Income Home Energy Assistance Program Contract

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